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Lois Rodden's printed newsletter, Data News, completed its commitment with Issue #100, April 2003. It is now available online as "AstroDatabank Update"


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Kenneth Lay

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Birth Data / Biography
Interpretive Reports
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Kenneth Lay astrology chart

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Birth Data

Birth Name: Lay, Kenneth Lee
Birth Date: 04/15/1942 (Apr. 15, 1942)
Birth Time: 18:00 (6:00 PM) CWT (+5:00)
Birth Place: Tyrone, MO
Latitude / Longitude: 37 N 12 / 91 W 52
Rodden Rating / Source: AA / Quoted BC/BR
Source Notes: Judy Johns quotes B.C. 2/2002
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Interpretive Reports

Matrix Software - Astro*Talk

Here is what Astro*Talk had to say about Ken Lay's Sun, Moon and two closest aspects:

Sun in Aries: Go for it! Do it now and ask questions later, for you are a born leader, always first and never afraid to go it alone. Your sense of mission makes for impulsive, sometimes rash (but always brave) actions. Your motto is: Don't think about it, let's get the show on the road.

Moon in Aries: You can be impulsively direct when relating to others, and may seem fierce or harsh. Independent to the point of loneliness, you don't mind a more Spartan environment than most. You can get by on little. You have a short fuse, and harsh exchanges are not uncommon. Others could feel hurt by this.

Saturn Conjunction Uranus: You are rebellious and innovative, but in a very determined and practical manner. You invent and change things, but always from the very center or heart, never from the periphery. You alter and invent at the deepest symbolical or programming level.

Uranus Trine Neptune: Your insight and vision into what unites people and into the dreams and mystical regions of our mind is profound. You have an enchanting way of working and communicating with others in these matters and with music and the arts. New paths to world or personal unity are a major interest, and you have a very practical sense of how to make your dreams real.

Click here to see the full Astro*Talk report.

Kepler - Indra

And here's what the Kepler Indra report said about the same chart factors:

Sun in Aries: You feel yourself to be a natural leader. You are always looking for the spot at the head of the company or the class. You are unconcerned with whether or not others follow you on your various crusades and campaigns. Your basic nature is independent and instantaneously self-expressive. You are good at sizing up a situation quickly. Because you are impulsive, others may think of you as thoughtless or careless. You do often lack patience and tolerance with others. Learn moderation and life is easier.

Moon in Aries:You have an impelling, immediate approach to life. Your personality is forceful and your feelings lay close to the surface of experience in life and are easily stimulated. Your imagination is very powerful and stays active most of the time. You are independent and can move forcefully into a new situation and make strides forward on your own. You are enthusiastic but try to guard against being too self-willed and strident. Avoid actions that stem from restlessness and you will complete more of the things you start.

Saturn Conjunct Uranus: You are often caught in some inner struggle to adopt the new and discard the old. There is an iconoclastic streak in you that is always trying to compensate and overcome your fears and frustrations with the way things have always been. Adjustment is easy on the surface but underneath you experience tension. You have an inner core of strength that serves you well. Persistence gets you to your goals.

Saturn Trine Your Neptune:You are creative and have a deep, inward gentleness. You are able to use existing social structures to further your vision of a better world. You care about others and are free of malice. You are a builder and have discipline and patience to get to a distant goal. Steady, concentrated psychic perceptions of the future blends comfortably and unassumingly with every aspect of your nature. When you follow the bedrock of your own inner perceptions and feelings without any contradictions, success is assured. You have an ability to be on the cutting edge of any cultural wave. Good dramatic instincts add flavor to your self expression.

Click here to see the full Indra report.

Computer produced reports are more accurate than you think.

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Biography

American CEO, former chairman of Enron, which filed for Chapter 11 bankruptcy on December 2, 2001, the biggest bankruptcy in U.S. history. The Houston, TX corporation was ranked by Fortune as the seventh largest company in the U.S. in 2001. In November 2001, it had been considered a stable risk for investors. Nevertheless, there was an undercurrent of rumors that its much-touted stability was not entirely credible. When the giant collapsed, billions in stockholder equity evaporated, and many people lost their entire life savings and retirement security.

However, unknown to the investor, major shareholders and officers had been quietly selling off millions of dollars of stock for as long as the prior six months. The ensuing shareholder lawsuit named 29 former and current Enron executives as defendants, charging that they made $1.1 BILLION by selling Enron stock between October 1998 and November 2001. If Ken Lay had joined them, he could have received a "golden parachute" in excess of $25 million, but he stayed with the beleaguered company to the end, departing in disgrace in January 2002.

Ken Lay had been one of the founders of Enron in 1985. He became CEO in 1999, making about $200 million a year in salary, stock and other compensations. Lay was a pleasant-looking man of average appearance and moderate height, a bland smile and a receding hairline. The son of a Baptist preacher and some-time tractor salesman, he came from a family so poor that they were not always able to celebrate holidays, eating cold-cuts one Thanksgiving. His dad preached optimism, and Lay always had the credo that "things would work out." No party-boy, he was president of a dry fraternity at the U. of Missouri where he was a Phi Beta Kappa graduate in economics. Upon graduation, he began his career in 1965 as a corporate economist with Exxon Company. He later earned a PhD in economics from the University of Houston.

After serving as an officer in the U.S. Navy, Lay held the positions of Technical Assistant to the Commissioner of the Federal Energy Regulatory Commission and Deputy Undersecretary of the U.S. Department of Interior. Additionally, while in Washington, he was an assistant professor at George Washington University, teaching graduate courses in micro- and macro-economic theory and government-business relations.

Lay learned favor-trading and influence peddling in the early '70s as a federal energy regulator. He was President of Continental Resources Company (formerly Florida Gas Company) and Executive Vice President of the Continental Group, the parent company of Continental Resources Company, before joining Transco Energy Company in May 1981. When energy was deregulated by the Reagan administration, Lay was already on the playing field and he took advantage of the new climate by merging Houston Natural Gas Co. with Nebraska-based Inter-North. His ambitions were to make the sum of the whole much greater than the sum of the parts. He took the two small pipeline companies in July 1985 and began a casino of moving everything around, taking stock positions, hedging and betting. By 2000, Enron had achieved immense growth.

To attract top-level wheelers and dealers, Lay also undertook to fix up Houston. One of his favorite phrases is "world class," and he set about up-scaling the Houston opera, ballet, symphony and museums and adding a new $250 million ballpark, Enron Field. At the same time he was a champion fund-raiser for local and national charities, astute about spreading good will on politicians and power-brokers. Lay wrote checks; Enron got exempted from various state and local regulations. Between February and October 2001, he used his $7.5 million revolving credit line with the company, repaying his loans back to Enron with Enron stock.

Lay had divorced his first wife in 1982 and married Linda, his former secretary, a month later. They had five kids, David, Mark, Beau, Robyn and Elizabeth. He and Linda were regulars on the Houston social scene, friendly with everyone. Together they enjoyed their rich lifestyle, spending $200,000 on a cruise vacation just a few months before the company collapsed. Lay admitted "We had realized the American dream, and were living a very expensive lifestyle, the type of lifestyle where it is difficult to turn off the spigot."

By 1998, Enron was plumping its stock with well-padded quarterly reports, as well as creating off-the-books partnerships which made it virtually impossible to trace their financial status. In January 2001, Ken turned over the CEO job to Jeff Skilling, a Harvard MBA described as being as abrasive as Lay is smooth. In August 2001, Skilling abruptly resigned, citing family reasons. The company was beginning to crack and slide. The coming collapse was not a surprise to the insiders. On August 14, 2001, Enron employee Sherron Watkins wrote a seven-page memo that included the statement, "I am incredibly nervous that we will implode in a wave of accounting scandals." This became the smoking gun in the investigation of alleged financial chicanery at Enron and its accounting firm, Arthur Anderson. Both companies were found to shred documents even after Congress opened what was to become a criminal investigation. The inevitable series of lawsuits and congressional investigations began on February 4, 2002.

Protesting his innocence, Kenneth Lay announced on July 7, 2004 that he had been indicted by a Houston grand jury on charges connected to the collapse of Enron. Lay turned himself in to authorities the next day and was charged with 11 criminal counts including bank fraud, share trading fraud and making false statements. The Securities and Exchange Commission separately filed civil charges against Lay for securities fraud resulting in over $90 million in gains from stock sales.

On May 25, 2006, the ex-CEO was convicted of all six conspiracy and fraud charges in the Enron scandal as well as four counts of bank fraud and making false statements to banks. While he was awaiting sentencing, he died on July 5, 2006 of a heart attack. News reports said that an ambulance was summoned to his vacation home near Aspen, CO at 1:41 AM local time. He was rushed to Aspen Valley Hospital where at 3:11 AM he was pronounced dead. Lay was 64 years old.

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What Do You Think?

How does a dirt poor son of a tractor salesman grow a 60 billions dollar company that Fortune named the most innovative company in the country--for six straight years? You've got to break a few rules. Innovation and "bending the rules" are just the bright and dark side of the same behavior. There are also two sides of the two tightest aspects in Ken Lay's chart.

Following Andrew Carnegie's pronouncement that "The organization is the shadow of the man" we should find all the arrogance, aggressiveness, and rule bending that Enron has come to symbolize in the chart of Enron's CEO. We should also find out how he was able to hide pertinent accounting data for so long.

  1. Where in his chart is the industry revolutionary who was able to win by "changing the rules of the game", a.k.a. "working with politicos to deregulate the energy industry"? 
     
  2. Where do we find the arrogance and aggressiveness required to push the limits and dominate the energy industry?
     
  3. He does not come off as an oily used car salesman type. Do you think he was conniving and duplicitous or just in way over his head?

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